Thursday Bytes: Logix, Level 3, QTS, Perseus

July 10th, 2014 by · Leave a Comment

Here's some quick takes on other news from around the sector this week:

Logix Communications is finding some real growth opportunities down in Texas and Oklahoma with fiber. In an update yesterday they revealed their on-net building count has passed the 900 mark. With 95 new multi-tenant office buildings in Q2 and 158 total so far this year, they're now at 903. I'm hearing lots of interesting enterprise fiber success stories from regional service providers lately.

QTS followed up the purchase of McGraw Hill's data center and solar farm in NJ with another key acquisition out in Chicago. They've completed the purchase of the former Sun Times Press facility there for $18M. For starters, they'll be taking the 30 acre, 317 square foot building and redeveloping it into 215,000 square feet of raised floor space with 37MW of power.

Level 3 is further expanding the video solutions it provides to the content industry and further integrating Vyvx into its video cloud portfolio. This week they launched a channel origination solution offering playout services for broadcasters. Level 3 is hoping to take over more of the job of processing, storing, and distributing content, and let the content industry focus on developing, well, content.

And down in Brazil where the world cup is sliding into its final weekend, Perseus Telecom has been finding success at the BM&F Bovespa exchange. Cellbroker and Solution Tech are using their managed network services for their trading platform there, which relies on the ultra-low latency connectivity that Perseus specializes in. We hear less about the financial vertical these days, but it's still one of the main places where service providers can find differentiation.

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Categories: Content Distribution · Datacenter · Low Latency · Mergers and Acquisitions · Metro fiber

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